PPG Unveils $140M Class A Office Tower with Pickleball Courts, Kid's Playroom, Indoor Pool, and More

A new, high-end office tower is about to redefine the work-life balance in South Florida. PPG Development, headed by Ari Pearl, has unveiled plans for a 25-story office tower at 1800 E. Hallandale Beach Blvd. The project promises impressive office space and luxury amenities usually reserved for residential buildings—pickleball courts, an indoor pool, and even a kids' playroom. With groundbreaking expected within the next six months, this $140 million development could soon reshape the Broward County commercial landscape. 

Here’s what you need to know about this exciting project and why it matters for South Florida real estate investors.

A New Era for Office Towers in South Florida 💡

PPG Development’s plans for a 25-story office tower marks a bold step in the evolution of office buildings in South Florida. Positioned across from its ongoing Shell Bay development, this office tower will include 235,664 square feet of office space, 10,862 square feet of retail, and ample parking with 885 spaces. This isn’t just any Class A office tower—it’s designed to cater to a lifestyle, blending professional and personal amenities seamlessly.

Key features include:

• Indoor amenities like a pool, spa, cold plunge, gym, sauna, and massage room.
• Outdoor facilities, including padel ball, pickleball courts, jogging track, and a lounge deck.
• Shared workspaces and even a kid’s playroom to appeal to a modern workforce seeking flexibility.

These amenities set the project apart from traditional office buildings, positioning it as a destination for companies that value employee wellness and convenience.

A Prime Location for Business Growth 

The location of the office tower is just as appealing as its amenities. Situated in Hallandale Beach, the site is centrally located between two major airports and a stone’s throw from popular lifestyle hubs such as the Aventura Mall and Gulfstream Park. It’s a strategic location designed to attract both high-end companies and wealthy residents from nearby cities like Sunny Isles Beach, Surfside, and Bal Harbour.

The Numbers Tell the Story 

• Class A office space vacancy in Hallandale Beach is at a staggering 36.2%, with asking rates hitting an all-time high of $62.03 per square foot—the highest in Broward County.
• This new tower will provide 235,664 square feet of Class A office space to help fill the growing demand for premium office real estate in the area.

Despite the high vacancy rate, the demand for high-end, amenity-rich offices is only increasing. As businesses expand in South Florida, there’s a clear need for modern, flexible office spaces that offer far more than just a desk.

Why It Matters for Investors 

This $140 million development will be the only major office tower under construction in Broward County outside of downtown Fort Lauderdale. For real estate investors, the tower’s unique blend of luxury amenities and prime location makes it an attractive option for companies seeking to stand out in a competitive market.

The market has been on the uptick as of late, with the recent back-to-back record-breaking sales of the Las Olas Centre towers, located at 350 and 450 E. Las Olas Blvd., by Chicago-based Bradford Allen Investment Advisors for $208 million on February 12. Just days later, Square2 Capital, Highline Real Estate Capital, and Dallas-based Lone Star Funds acquired the 23-story Bank of America Plaza at Las Olas City Center, situated at 401 E. Las Olas Blvd., for at least $220 million.

PPG Development is already tapping Cushman & Wakefield to market the office space, and with companies from sectors like private equity, banking, and tech flocking to the area, there’s high potential for strong tenant interest. The development firm will move its headquarters to the building once completed.

Looking Ahead

With South Florida’s office market continuing to evolve, this luxury-filled office tower in Hallandale Beach is poised to set a new standard for the region. The project’s blend of convenience, luxury, and strategic location could make it a game-changer for commercial real estate in the area. Stay tuned as this ambitious $140 million development progresses over the next few months!